GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jindalee Lithium Ltd (OTCPK:JNDAF) » Definitions » 5-Year Yield-on-Cost %

Jindalee Lithium (Jindalee Lithium) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Jindalee Lithium 5-Year Yield-on-Cost %?

Jindalee Lithium's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Jindalee Lithium's 5-Year Yield-on-Cost % or its related term are showing as below:



JNDAF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.02
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Jindalee Lithium's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Jindalee Lithium's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jindalee Lithium's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jindalee Lithium's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jindalee Lithium's 5-Year Yield-on-Cost % falls into.



Jindalee Lithium 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Jindalee Lithium is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Jindalee Lithium  (OTCPK:JNDAF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Jindalee Lithium 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Jindalee Lithium's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jindalee Lithium (Jindalee Lithium) Business Description

Traded in Other Exchanges
Address
9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Jindalee Lithium Ltd is engaged in the exploration and development of Lithium properties in Australia. It holds interests in various tenements located in Tasmania and Western Australia, including gold, diamonds, nickel, iron ore, copper, magnesite, uranium, and other base metals, as well as rare earth minerals. The project holdings of the company include U.S. Lithium, McDermitt Lithium Project which is the largest lithium deposit contained by lithium in the United States, and The Clayton North project.

Jindalee Lithium (Jindalee Lithium) Headlines